Displaying items by tag: profitability

COMPANY NEWS:

• Total revenue in Q4 increased 12% year-over-year to US$53.3 million; full-year revenue grew 13% to US$205.3 million
• Q4 subscription and support revenue grew 11% year-over-year to US$46.8 million; full-year subscription and support revenue grew 11% to US$180.6 million
• Constant Currency Annual Recurring Revenue1 reached US$205.3 million at year-end, up 9% over the prior year-end
• Cash flow from operating activities of US$27.9 million in Fiscal 2025, an increase of US$12.2 million from the prior year
• Q4 Adjusted EBITDA2 of US$9.4 million (17.7% Adjusted EBITDA Margin), versus US$3.5 million (7.3% Adjusted EBITDA Margin) in the prior year

• Stripe’s total payment volume increased to AUD 2.2T in 2024, up 38% year-on-year, and equivalent to around 1.3% of global GDP.
• Stripe is now used by half of the Fortune 100, 80% of the Forbes Cloud 100, and 78% of the Forbes AI 50.
• Stripe continues to invest heavily in R&D, including stablecoins and AI, to help companies navigate the evolving business landscape.

COMPANY NEWS: Stripe, the financial infrastructure platform for businesses, today shared that it processed AUD 2.2 trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% of global GDP.

An apparent focus by New Zealand’s four major banks on maintaining profit margins has resulted in ongoing underinvestment in their core technology platforms, according to the draft report from the from the market study just released by the country’s competition regulator the Commerce Commission.

GUEST OPINION:  Streaming data, advanced analytics and AI mean fresh gains are possible from operational improvement programs

Chinese tech giant Lenovo Group has delivered its 10th straight quarter of improved profitability year-on-year, with all main businesses contributing positive operating profit, the company’s second quarter results reveal.

Digital lender MoneyMe says it is on track to deliveron its promise to shareholders to return to statutory profitability and achieve greater than $200 million in Net Revenue for FY22.

Global networking systems, services and software company Ciena has reported first quarter 2021 revenue of US$757.1 million, compared to US$832.9 million for the fiscal first quarter last year.

Further gains are possible by understanding customer journeys at an even deeper level

GUEST OPINION by Mike Hicks, Principal Solutions Architect at ThousandEyes: Australian retail achieved somewhat of a milestone during the recent annual results season: widespread profitability from online operations.

Cybersecurity firm Trend Micro is launching a newly expanded and enhanced channel partner program in Asia Pacific, Middle East, and Africa (AMEA).